BUYING IN STOCKS ON INFLATION DATA, MUSK AND RAMASWAMY DOGE
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Extreme Sentiment
Please click here for a chart of 20+ year Treasury bond ETF (TLT).
Note the following:
- In The Arora Report analysis, bonds have the potential to spoil the stock market’s party. Prudent investors need to keep an eye on bonds.
- The chart shows that yields are pulling back in the early trade after the release of the Consumer Price Index.
- The chart shows that on Trump’s win, TLT approached the high band of the support zone.
- The chart shows that the momo crowd ran TLT up back into the bottom resistance zone.
November 13, 2024